Under the boost of optimistic sentiment, U.S. stock funds have attracted inflows for the fifth consecutive week
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U.S. stock funds attracted inflows for the fifth consecutive week, mainly driven by the rise in U.S. stocks, optimistic economic growth sentiment, and expectations of interest rate cuts by the Federal Reserve. According to LSEG data, for the week ending November 4, net inflows reached $8.85 billion, compared to $11.8 billion the previous week. Large-cap funds saw inflows of $6.6 billion, while small-cap and mid-cap funds attracted $2.59 billion and $585 million, respectively. Meanwhile, funds in the technology and healthcare sectors experienced net outflows of $914 million and $538 million, respectively
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